Big Players' Recent Trades in SNPS Options
Portfolio Pulse from Benzinga Insights
Large investors have taken a bearish stance on Synopsys (NASDAQ:SNPS), with 54% of big-money traders being bearish and 45% being bullish. The major market movers are focusing on a price band between $200.0 and $540.0 for Synopsys. The current price of SNPS is $506.16. One market expert has issued a rating for this stock, with a consensus target price of $540.0.
November 09, 2023 | 8:17 pm
News sentiment analysis
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NEGATIVE IMPACT
Large investors are bearish on Synopsys, with a focus on a price band between $200.0 and $540.0. The current price is $506.16.
The bearish sentiment among large investors and the focus on a wide price band indicates uncertainty and potential downward pressure on the stock price. The current price is near the upper end of the price band, suggesting a potential downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100